M&A Deal Summary

TPG Acquires Surescripts

On October 1, 2024, private equity firm TPG acquired information services company Surescripts

Acquisition Highlights
  • This is TPG’s 1st transaction in the Information Services sector.
  • This is TPG’s 288th transaction in the United States.
  • This is TPG’s 6th transaction in Virginia.

M&A Deal Summary

Date 2024-10-01
Target Surescripts
Sector Information Services
Buyer(s) TPG
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Triple Tree (Financial)
Cleary Gottlieb Steen & Hamilton (Legal)

Target

Surescripts

Arlington, Virginia, United States
Surescripts is a health information network specializing in e‑prescribing, clinical interoperability, and prior authorization services. Its mission is to facilitate safe, affordable, and patient care through real-time health data sharing across pharmacies, providers, payers, and life-sciences organizations. Surescripts is based in Arlington, Virginia.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 296.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.


DEAL STATS #
Overall 440 of 453
Sector: Information Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 52 of 53
State: Virginia M&A 6 of 6
Country: United States M&A 288 of 299
Year: 2024 M&A 10 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 Techem

Eschborn, Germany

Techem specializes in smart and sustainable solutions for the real estate industry, focusing on energy efficiency and decarbonization. Techem provides digital services that help reduce energy consumption, improve water management, and increase resource conservation across properties. Techem's comprehensive offerings include remote monitoring systems for heating and water, wireless smoke detectors, and solutions for enhancing energy efficiency in buildings. Techem was founded in 1952 and is based in Eschborn, Germany.

Buy €6.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-29 Exactech

Gainesville, Florida, United States

Exactech develops and markets orthopedic implant devices, related surgical instruments, and biologic materials and services to hospitals and physicians. Exactech was founded in 1985 and is based in Gainesville, Florida.

Sell -